Public Company Consumer

RideNow Group

Chandler, Arizona, United States

Formerly known as NASDAQ RDNW, NASDAQ RMBL, NASDAQ: RDNW

Omnichannel powersports retailer and marketplace operating dealership locations and an online platform; represents manufacturers and provides dealer technology solutions under the RideNow brand.

Focus Areas
Powersports retail, Motorcycle dealers, Boat dealers
Website
www.ridenow.com

Tracked deals

3

3 tracked deals across 2021-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

RideNow Group Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for RideNow Group. 1 2021 2 2022

Supporting Data

Recent Transactions

  • Buyer
    RumbleOn, Inc.
    Target
    Freedom Powersports
    Industry
    Retail
    Type
    Buyout

    RumbleOn, Inc. completed the acquisition of Freedom Powersports, adding 13 retail locations across Texas, Georgia and Alabama and expanding RumbleOn’s omnichannel powersports retail footprint. The transaction closed for aggregate consideration of approximately $130.0 million (≈ $83.4M for the business and ≈ $46.6M for real estate) and supports RumbleOn’s revenue and adjusted EBITDA outlook; Freedom reported over $220.0 million of revenue and over $25.0 million of adjusted EBITDA for 2021 (unaudited).

  • Buyer
    RumbleOn, Inc.
    Target
    Beach Blvd Motorsports (Beach Boulevard of Jacksonville retail location)
    Industry
    Retail
    Type
    Buyout

    RumbleOn, Inc. (NASDAQ: RMBL) has completed the acquisition of a Jacksonville-based powersports retail location (Beach Blvd Motorsports), adding multiple manufacturer product lines including Yamaha, Suzuki, KTM, CFMoto, Zero Electric Motorcycles, Ranger and Tidewater boats. The acquisition expands RumbleOn's physical footprint in Jacksonville, strengthening its omnichannel offering and retail presence as part of its growth strategy.

  • Buyer
    RumbleOn, Inc.
    Target
    RideNow
    Seller
    RideNow equity holders (including co-principal owners Mark Tkach and William Coulter), Certain minority RideNow equity holders (holders with rights of first refusal noted in filings)
    Industry
    E-Commerce
    Type
    Buyout

    RumbleOn, Inc. completed the acquisition of RideNow, acquiring 100% of the RideNow dealership portfolio to form a combined omnichannel powersports platform. The transaction consideration is up to $575.4 million (approximately $400.4 million cash and $175.0 million in RumbleOn Class B common stock) and was financed in part by a $280.0 million term loan commitment from funds managed by Oaktree Capital Management; the combined pro forma business sold more than 63,000 units in 2020 and generated approximately $1.3 billion in revenue.

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